Bulten establishes operation in India through joint venture company
Bulten is establishing manufacturing operations in India through a newly formed joint venture company – Bulten Radium Industries Private Ltd. – alongside two partners: Radium Fasteners Private Ltd. (Radium) and ZJK Precision Parts HK (ZJK). The driver is an increased need for domestically produced m...
BULTEN'S Q3 REPORT 2023
A quarter of higher sales and ongoing capacity challenges – although acquisitions create opportunities
Bulten completes the acquisition of Exim & Mfr Holdings Pte Ltd
Bulten today announces that the acquisition of Exim & Mfr Holdings Pte Ltd “Exim” has been completed. Closing of the transaction follows the announcement on July 6, 2023, that Bulten has signed an agreement to acquire Exim for a purchase sum of approximately SGD 66.3 million (SEK 540 million) on a c...
Bulten enters into agreement to acquire Exim & Mfr Holdings Pte Ltd
Bulten has entered into an agreement to acquire all shares in Exim & Mfr Holdings Pte Ltd “Exim”, an Asian, Singapore-based distributor of fasteners and other components, for a purchase sum of approximately SGD 66.3 million (SEK 530 million) on a cash-free and debt-free basis. The acquisition afford...
Bultens Q1 report 2023
A strong quarter with record sales, a positive results trend and a 150-year anniversary
Notice to attend Annual General Meeting of Bulten AB (publ)
The shareholders of Bulten AB (publ), org. no. 556668-2141, are called to the Annual General Meeting to be held on Tuesday, April 25, 2023 at 5 p.m. at restaurant Break (Hedin Bil AMG Performance Center Sisjön), Norra Långebergsgatan 2, 421 32 Västra Frölunda, Sweden. Registration for the meeting w...
Bulten increases holding in TensionCam
Bulten has acquired an additional 36.5% of the shares in TensionCam Systems AB at a purchase price of SEK 4 million. The acquisition makes Bulten the majority owner with 63.5% of the company’s shares.
Bulten streamlines its distribution chain
As part of Bulten’s strategy to maintain a strong operational platform, the company has reviewed its global distribution chain. This has prompted a decision to close one of the two logistics centers in Sweden. The cost of the closure amounts to approximately SEK 1.5 million.
Bulten closes manufacturing plant in the UK
In order to streamline the operation and improve profitability, Bulten has decided to close its manufacturing plant in Pembroke, UK. The closure means that 50 jobs are at risk of redundancy.
Bulten nominated as supplier for new EV platform
Bulten has been nominated as a supplier of fasteners for a new global electric vehicle (EV) platform, to be produced in China. The order value is estimated at approximately SEK 155 million a year at full production.
Bulten's Q2 report
Higher sales and closure in Russia create stability in a volatile business climate
Bulten completes divestment of Russian operation
Bulten has today signed an agreement to divest its Russian operation to the Russian company CAR SEATS LLC, and to redeem the Russian automotive manufacturer GAZ’s shares in the joint venture that Bulten and GAZ have owned since 2012.
Notice to attend annual general meeting of Bulten AB (publ)
The shareholders of Bulten AB (publ), org. no. 556668-2141, are called to an Annual General Meeting to be held on Thursday, April 28, 2022 at 17:00 CET at restaurant Break (Hedin Bil AMG Performance Center Sisjön), Norra Långebergsgatan 2, 421 32 Västra Frölunda. Registration for the meeting will be...
Bulten signs FSP contract for a new European electric vehicle program
Bulten has signed an FSP (Full Service Provider) contract regarding the supply of fasteners for a new European electric vehicle program with a global automotive manufacturer, which is also an existing customer of the company. The contract value is approximately SEK 75 million annually at full capaci...
Bulten signs FSP contract with clear sustainable objectives
Bulten has signed an FSP (Full Service Provider) contract regarding the supply of fasteners to a new European vehicle program for a global automotive manufacturer, which also is an existing customer of the company. The contract value is approximately SEK 100 million annually at full capacity.